Settings8H · net · $10k
Funding arb · Price arb /

INX

all INX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.2512%/8h= −275.1% APRpaid last 24h −0.188%
Price spread now: Coinbase International against BingX−4.114%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$75 a day on $10k at the current rate, and Coinbase International is 4.114% cheaper against BingX than usual: you would sell low and buy high (−$411 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX INX-USDT0.0063440.0944pay 0.0472% / 4h3h 08m$6.5M
ShortCoinbase International INX-PERP-INTX0.006083−0.1568pay 0.0196% / 1h8m 44s$5K$5K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BingX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$527.52
Price spread: −4.114% → 0.000%
−$411.41
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$958.93
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 12 min ago; Coinbase International: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 12 min ago7.87 bp48.1 bp −$48177.3 bp −$1,7731261.8 bp −$126.2Kdoesn't fit
Sell Coinbase International no order-book sample
Coinbase International: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

INX on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Coinbase International INX-PERP-INTXshort−0.1568%1h0.006083−4.114%$5K$5K50x
Bitget INXUSDT+0.0100%4h0.006338−0.095%$399K$108K25xas long as short
KuCoin INXUSDTM+0.0228%4h0.006334−0.158%$281K$53K20xas long as short
MEXC INX_USDT+0.0412%4h0.006340−0.063%$937K$218K50xas long as short
Binance INXUSDT+0.0412%4h0.006339−0.079%$2.1M$1.5M25xas long as short
Extended INX-USD+0.0416%1h0.006337−0.107%$2K$101K5xas long as short
Aster INXUSDT+0.0846%4h0.006322−0.345%$19K$10K5xas long as short
BingX INX-USDTlong+0.0944%4h0.006344long leg$6.5M
Bybit INXUSDT+0.1031%4h0.006353+0.142%$826K$388K13xas long as short
Deribit INX_USDC-PERPETUAL+0.1331%1h0.006336−0.126%$58K$21K10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate INX_USDT+0.2032%4h0.006330−0.221%$1.6M$69K25xas long as short